The Live Wire



Press Release

Cable must 'move beyond tough talk'

20 December 2010

Len McCluskey, Unite general secretary elect, urges Vince Cable to "take action" in ensuring banking transparency.

The government must take a firm stance at their meeting with the bosses of the UK's banks. The actions of these bankers over the last three years have laid bare their inability the grasp the public disgust at their behaviour as they continue to line their pockets with inappropriate and excessive bonuses.

Vince Cable needs to move beyond tough talk in the media and take action to force the banks to be fully transparent in their pay and bonus systems. There is no reason why the taxpayer supported institutions should not have to declare any executives or bankers who earn more then the Prime Minister, why is there one rule for the rich bankers and another for the public servants?



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Unite

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